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Bharat Wire Ropes Share Price

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NSEBSE

288.30-7.25 (-2.45%)

03:09 PM,19th Apr 2024

292.00-3.90 (-1.32%)

03:20 PM,19th Apr 2024

BSE : 539799

NSE : BHARATWIRE

Sector : Metals & Mining

ISIN Code : INE316L01019

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Last Updated: Apr 19 2024 | 03:20 PM IST

Market Cap (₹ Cr)

1961

Turnover (₹ Cr)

0.11

Volume (Shares)

39505

Face Value

10

52-WK High

400.60

52-WK High Date

12 Jan 2024

52-WK Low

148.15

52-WK Low Date

21 Apr 2023

All Time High

400.60

All Time High Date

12 Jan 2024

All Time Low

10.30

All Time Low Date

26 Mar 2020

Bharat Wire Ropes Ltd

Bharat Wire Ropes Limited is one of the largest manufacturers of Wire Wire Ropes Stranded Wires and Slings in India with an increasing global presence catering more than 30 countries globally. The company exports its varied products to USA Singapore Australia South Africa Kuwait New Zealand Vietnam Bangladesh and Nepal.The company has a diverse product mix which includes General Purpose Ropes Fishing Ropes Crane Ropes Structural Ropes Elevator Ropes Mining Ropes Oil & Gas Ropes & Shipping Ropes. The company caters to a rich mix of clients ranging from Overseas Consumers Private Players the entire Indian Defense Segment and Government and Semi - Government Organizations. Providing service to a variety of clients has helped the company develop versatility which makes it better equipped to handle diverse/heterogeneous kinds of enquiries. The company also has a Pyrolysis plant with an installed capacity of 1260 MTPA at Chalisgaon Maharashtra for production of oil which is used as fuel in its current manufacturing process.Bharat Wire Ropes has a well-diversified customer base of more than 500 large and medium size customers across the globe and country from different industries including oil & gas mining fishing ports & marine elevator power transmission railways construction infrastructure defense crane manufacturers among others.Bharat Wire Ropes Ltd was incorporated as Bharat Ropes Private Limited on July 24 1986. Subsequently the company became a public limited company on June 10 1992. The name of the company was changed to Bharat Wire Ropes Ltd on July 5 1996. Until the year 2010 the company was owned managed and controlled by the Shah Group. Subsequently in the year 2010 one of the corporate Promoter - Gaji Mercantile Private Limited purchased 10675490 equity shares of the company and accordingly the management of the company changed. Bharat wire is an ISO 9001:2008 certified company. It also holds product approvals from RDSO CORE DGMS PGCIL IRS etc. for various ropes and wire products.Bharat Wire Ropes raised capital by issuing 15555555 Equity Shares of Rs. 10/- each per shares for a premium of Rs. 35/- per share to the public at the end of the financial year 2015-16 and got listed on National Stock Exchange of India Limited and BSE Limited on 1 April 2016. The company commenced commercial production on 22 March 2017 at its Chalisgaon Maharashtra factory which has an installed capacity of 66000 MTPA which is further enhancing its capacity to manufacture wire ropes structural strands and slings.During the financial year ended 31 March 2018 Bharat Wire Ropes entered into understanding and arrangement with Bridon Bekaert Ropes Group Limited(Bridon) for 5 years wherein Bridon shall be sourcing ropes of various configuration from Bharat Wire Ropes for its global requirements and Bharat Wire Ropes will be representing Bridon in Indian markets for special ropes which are not present in the manufacturing range of Bharat Wire Ropes Limited. Both the companies will explore jointly all avenues of quantum increase in business share in the respective domain by exchanging expertise and knowledge wherever necessary.

Bharat Wire Ropes Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

1961

EPS - TTM (₹) [S]

13.30

P/E Ratio (X) [S]

3.21

Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]89.78
P/B Ratio (₹) [S]3.21
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Union Small Cap Fund (G) 0.75 84000 0.31
Union Small Cap Fund (IDCW) 0.75 84000 0.31
Union Small Cap Fund - Direct (G) 0.75 84000 0.31
Union Small Cap Fund - Direct (IDCW) 0.75 84000 0.31

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

286.00

294.90

Week Low/High

286.00

310.00

Month Low/High

265.05

322.00

Year Low/High

148.15

401.00

All time Low/High

10.50

401.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-4.58%-4.79%-1.59-1.52%
1 Month5.01%5.22%1.461.65%
3 Month-23.99%-23.74%1.932.56%
6 Month5.49%5.57%11.3313.00%
1 Year76.17%76.17%22.6625.87%
3 Year622.56%608.35%52.3854.44%

Company Info

Company Information

Whole-time Director : Venkateswararao Laxmanamurty Kandikuppa

Whole-time Director : Sumit Kumar Modak

Company Secretary : Shailesh Rakhasiya

Managing Director : Murarilal Ramsukh Mittal

Director : Ruhi Mittal

Joint Managing Director : Mayank Mittal

Independent Director : Shiv Kumar Malu

Chairman & Independent Directo : Sanjiv Swarup

Addtnl Independent Director : Satyendra Nayak

Registered Office: Plot 1&4 Atgaon Industrial, Complex Taluka Shalpur,Thane,Maharashtra-421601 Ph: 91-2527-240123

Email:compliance@bharatwireropes.com; investors@bharatwi

URL:http://www.bharatwireropes.com